ME News reports that on August 4 (UTC+8), Western Union launched the Stablecard, a cryptocurrency card built on Rain’s stablecoin infrastructure. Remittance funds can now be deposited into the Stablecard mobile app as USDPT and instantly spent anywhere Visa cards are accepted. USDPT is a stablecoin launched by Western Union, issued by Anchorage Digital Bank on the Solana platform. (Source: Foresight News)
Western Union Launches Stablecoin Card Stablecard
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Summary
Western Union has launched a stablecoin card called Stablecard, according to on-chain news from MetaEra. Built on Rain’s stablecoin infrastructure, the card allows users to deposit USDPT via the Stablecard app and spend it at any merchant that accepts Visa. USDPT is issued by Anchorage Digital Bank on Solana. This move brings digital asset innovation to the mainstream payments sector.
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